Compensation Management in a Knowledge-Based World

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For undergraduate courses in Compensation Management and Wage and Salary Administration. With the recession of 2001-2002 and the dramatic bankruptcies of ENRON and other large corporations, the need to return to BASICS in Human Resources Administration is more critical than ever. As the leading text in its field Compensation Management offers a practical exploration of the systems, methods, and procedures involved in establishing and administering a compensation system within any organization.

Preface

ix

PART I: MACROECONOMIC COMPENSATION CONCEPTS

1

(128)

Compensation in a Knowledge-Based Global Economy

3

(13)

Capitalism and Knowledge in a Global Economy

4

(1)

Compensation and Organizational Strategy

5

(1)

Integrating Knowledge and Skill Requirements, Organization Compensation, and Employee Income